look news india
SSY Account: Under the SSY scheme, a rebate of Rs 250 to Rs 1.5 lakh is available on annual investment in a financial year. You can open SSY account of a daughter below 10 years of age. At the same time, the amount deposited in the account can be easily withdrawn after the daughter completes 21 years.
Check SSY Account Balance Offline
To secure the bright future of their daughter, crores of people across the country have opened SSY accounts. After opening SSY account, the most important question is how much money is deposited in this account. How can you check it online and offline? In such a situation, we are going to tell you about the entire process.
Check balance online in such SSY account
- If you want to check your account balance online then you will have to login into it.
- After this you will have to login to the internet banking of your bank.
- Here you have to log in to Internet Banking by entering all the information given by the bank.
- After logging into your account, you will have to check your balance by going to the homepage. This will also be visible on your account dashboard.
- After this, complete information about SSY account will open in front of you.
- On this portal you can only check balance and no other type of transactions are allowed.
Daughter will become a millionaire as soon as she turns 21
According to the SSY calculator, if you open an SSY account under this scheme for your daughter at the age of 1 year and invest Rs 1.50 lakh every year, you will get a total of Rs 69.27 lakh on maturity.
However, the government is giving 8.20 percent interest on the deposits under this scheme. In this case, you will get Rs 46.77 lakh as interest on a total investment of Rs 22.50 lakh.